With the turbulence of the economy and the uncertainty for businesses following Covid-19, many individuals have lost their jobs and thousands more have been hit with salary reductions. People whose income hasn’t increased are fearful of losing their jobs as a result of the forecast of a global recession. This has had a massive negative impact on the mental well-being, which is at a record low because of the feelings of depression and hopelessness that many struggles with.
In the wake of COVID-19 the unemployment rate is incredibly high, and many people are in financial difficulty because of fewer hours or earnings. This fluctuation in the workplace has resulted in job uncertainty for many, or anxiety about one’s future job. This feeling of uncertainty can be extremely damaging to your mental well-being, not only due to the financial issues that come with being fired. Work can provide structure, direction and motivations to socialize which can be extremely beneficial, especially in these times where you won’t find those qualities from other sources.
The loss of these essentials of daily life, along with losing a source of income could affect one’s mental health. This can stress relationships with family members. People in the job insecurity group were more likely to experience typical physical symptoms. The symptoms most frequently mentioned were chest pains, a racing heartbeat, and a choking sensation that are signs of an impairment in the cardiovascular system. People who are who are at the risk being fired displayed more stress-related symptoms and anxiety, depression and negative emotions and less positive feelings when compared with employees who are who were not in danger of losing their job.
Different types of job insecurity
There are two major kinds of job insecurity: chronic and acute. If, for instance, you are concerned that you’ll be fired in the next few weeks, you’re experiencing extreme job insecurity. However, you’re good and your boss appears to be happy with the work you’ve done but there aren’t chances of it remaining the current situation and your business is subject to layoffs, you’re suffering from chronic job insecurity.
Another type of job security issue, which is the loss of the status of a job. As an example, suppose your company is undergoing a restructuring. You are not fired, but is transferred to a different department or job that’s less fulfilling or is not aligned with your objectives. The new job might have a lower salary or provide fewer opportunities to grow. While it’s not as costly in the short run like losing your position this type of job uncertainty could erode your satisfaction at work and reduce satisfaction.
Employment Insecurity and Mental Health
One study revealed that those who were unsure about their work are more likely develop anxiety, depression, and alcoholism. The study also revealed that those who had job anxiety are more likely suffer difficulties with memory and concentration. For instance, if are worried that you’ll be fired, then you’ll likely feel less enthusiastic at work, which can lead to high stress and low performance (which could lead to being fired).
This is particularly applicable to those with more responsibility at home. They will likely be more concerned about losing their earnings than those without any children, or others dependent.
If you’re struggling with job security You could be in a workplace in which you are always under scrutiny. This means that you might be required to update on your progress on a regular basis to show that you’re in fact meeting the employer’s standards. However, this could result in feelings of anxiety and depression, and addiction to drugs.
In a workplace that is stressful it can be challenging to concentrate on your job particularly if you’re trying to maintain your position or finding a new position within the organization. It could be difficult to communicate with the other employees at the office, especially if they know about your current situation within the workplace.
Techniques for Coping
If you’re faced with job uncertainty it is essential to have methods to control the stress and anxiety levels. If you are laid off and you’re facing a layoff, you’ll have to rely on these strategies to make it through the situation without affecting your mental health in any way.
- Discuss your feelings to someone who you can trust, or consult an online counsellor or other medical professional.
- Find ways to be healthy and relieve stress. A few suggestions include exercising as well as yoga and meditation.
- Focus on distractions, such as something that isn’t part of the office
- Discuss your worries with colleagues. If you’re all feeling similar it’s helpful to realize that you’re on the same page.
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